Commodities Oil dips on surge in COVID-19 infections Updated : July 13, 2020 04:40 PM IST Rising tension between the United States and China over the COVID-19 pandemic and other issues also pressured prices. The World Health Organization reported a record daily increase in global coronavirus cases on Sunday, with the total up by more than 230,000. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.